Darrol Stanley, DBA

Luckman Distinguished Professor Emeritus of Finance and Accounting

Graziadio Business School

818.501.1629

Education

University of Southern California, Doctor of Business Administration
University of Southern California, Master of Business Administration
University of California, Bachelor of Science

Research
Presentations
Grants
Media

Stanley, D. J., Wasilewski, N. (2017). Strategic Revenue Management: Revenue Stability and Maximizing Shareholder Value. Competition Forum, 15(1), 141-145.

Simon, A., Stanley, D. J., Kinsman, M. D. Do Analysts' Short-Term Earnings Estimates Trends Indicate Market Inefficiencies? International Research Journal of Applied Finance, VIII(11), 673-682.

Atwater, D. M., Stanley, D. J., MBA Candidate, B. C. (2017). Path to Improved Business Growth When the Federal Reserve's Policies are Ineffective.

Stanley, D. J., Efremidze, L., Rossouw, J. (2017). Entropy Risk Factor Model of Exchange Rate Prediction. International Journal of Financial Research, 8(3), 51-56.

Stanley, D. J., Kinsman, M. D., Samuelson, B. (2016). The Efficient Market Hypothesis: The Applicability of Quantitative Methods to Foreign Stocks Traded as American Depository Receipts (ADRs). International Journal Entrepreneurship and Small Business.

Efremidze, L., Stanley, D. J., Kinsman, M. D. (2015). Stock Market Timing With Entropy. Journal of Wealth Management, 18(3), 57-67.

Kinsman, M. D., Stanley, D. J., Everett, C. R. (2015). The Dogs and Ferraris of the S&P 1500: Winner and Loser Portfolios and the Efficient Markets Hypothesis. International Research Journal of Applied Finance, VI(9).

Efremidze, L., di Lellio, J. A., Stanley, D. J. (2014). Using VIX Entropy Indicators for Style Rotation Timing. Journal of Investing, 23(3),

di Lellio, J. A., Stanley, D. J., Hesse, R. (2014). Portfolio Performance with Inverse and Leveraged ETFs. Financial Services Review, 23(2),

Efremidze, L., Stanley, D. J., Kinsman, M. D. (2014). Frontier Market Timing: The Georgian Stock Exchange Index (GSX) and Entropy Analytics. Paata Gugushvili Institute of Economics at Tbilisi State University(27-28 June, 2014), 318-322.

Kinsman, M. D., Stanley, D. J. (2014). The Asymmetric Information of Alpha on Portfolio Management within the S&P 500. International Research Journal of Applied Finance.

Stanley, D. J. (2013). Analyzing the Asymmetric Information Associated with Value Line Ones Ranks. Journal of Law and Financial Management, 11(1)(17).

Stanley, D. J. (2012). An Update to the Top 10 US Economic Issues to Monitor 2012. Graziadio Business Review, 15(1).

Hall, O. P., Stanley, D. J. (2012). A Comparative Modelling Analysis of Firm Performance. International Journal of Data Analysis Techniques and Strategies, 4(1), 43-56.

Stanley, D. J., Vardiabasis, D., Moschos, D. (2011). The Efficient Market Hypothesis: The Applicability of American Models to the Greek Stock Market. International Research Journal of Applied Finance, II(11).

Stanley, D. J., J. R., P. S. (2011). The Efficient Market Hypothesis: The Applicability of American Models to the South African Stock Market. International Research Journal of Applied Finance, 11(10)

Stanley, D. J., Kinsman, M. D., Samuelson, B. (2011). The Efficient Market Hypothesis: The Applicability of American Models to the Turkish Stock Market. International Research Journal of Applied Finance, 11(10).

di Lellio, J. A., Stanley, D. J. (2011). ETF trading strategies to Enhance Client Wealth Maximization. Financial Services Review.

Stanley, D. J., Bleuel, W. H. (2010). Cross-Cultural Customer Satisfaction of High Technology Companies in China, India, and Japan. International Journal of Global Business and Economics, 3(2), 56-60.

Stanley, D. J., Kinsman, M. D. (2010). The Asymmetric Information of Value Line's Earnings Predictability and Price Growth Persistence and Price Multiples on Long-Term Stock Returns. Journal of Global Business Development, 2(2), 135-141.

Stanley, D. J., Samuelson, B. (2009). The Efficient Market Hypothesis, Price Multiples, and the Austrian Stock Market. The Journal of Global Business Issues, 3(1/Spring 2009), 183-192.

Stanley, D. J., Kinsman, M. D. (2009). The Efficient Market Hypothesis, Price Multiples, and the German Stock Market. International Business and Research Journal, 8(1), 31-40.

Stanley, D. J. (2008). Crisis in America: A Nation at Risk. GBR, 11(4).

Stanley, D. J. (2008). The Top 10 Embracements for Difficult Economic Times. GBR, 11(3).

Stanley, D. J. (2008). Top 10 Economic Items to Monitor. GBR, 11(1).

Stanley, D. J., Herb, C. R. (2007). The Moral and Financial Conflict of Socially Responsible Investing. Graziadio Business Report, 10(1).

Stanley, D. J., Kinsman, M. D., Ferraro, S. R. (2007). Applicability of Rosenberg's Beta Factor Decomposition Analysis to the Construction of a Growth Portfolio within the S&P 1500 Index. Journal of Global Business Issues, 1(2), 141-150.

Bleuel, W. H., Stanley, D. J. (2007). Customer Focus: A Key to Financial Success. The Business Renaissance Quarterly, 2(2), 41-49.

Stanley, D. J. (2006). Achieving Corporate Success and Maximizing Shareholder Value. Graziadio Business Report, 9(3).

Ferraro, S. R., Stanley, D. J. (2000). The Investment Value of Analysts' Recommendations: Evidence from the Dartboard Contest. Managerial Finance, 26(6).

Ferraro, S. R., Stanley, D. J. (1999). Conversation with Wayne "Buss" Knyal. Graziadio Business Report(Spring 1999).

Journal Articles

Stanley, D. J. (2005). The Impact of Empowered Employees on Corporate Value. Graziadio Business Report, Volume 8(Issue 1).

Ferraro, S. R., Stanley, D. J., Hall, O. P. (1998). Retirement Call to Action: Responsibility Rests on Baby Boomers. Graziadio Business Report(Fall 1998).

Simon, A., Stanley, D. J. (2017). Goodwill Impairment: Toshiba's Acquisition of Westinghouse (Sage Business Case Digital Library ed., vol. 2017 ed.). Thousand Oaks, CA: Sage Business Publishing

di Lellio, J. A., Stanley, D. J., Hesse, R. (2011). "Risks and Opportunities of Inverse ETFs for Long Term Investors," (1st ed., vol. 25). Las Vegas: Academy of Financial Services 25th Annual Meeting.

Stanley, D. J., Ferraro, S. R. (1999). Investor's Business Daily and the Efficient Market Hypothesis (April 1999 ed.). Western Decision Sciences Institute.

Ferraro, S. R., Stanley, D. J. (1999). The Long-run Return to Equity Carve-outs (April 1999 ed.). Western Decision Sciences Institute.

Stanley, D. J., Ferraro, S. R. (1998). The New DJIA and Component Price Momentum (April 1998 ed.). Western Decision Sciences Institute.

Ferraro, S. R., Stanley, D. J. (1998). The Relationship of Share Repurchases and Stock Price Performance. Western Decision Sciences Institute.

Hall, O. P., Stanley, D. J., Ferraro, S. R. (1998). Personal Financial Literacy: A Multi-Discipline Approach (MArch 1998 ed.). Society of Educators and Scholars.

Stanley, D. J., Efremidze, L., Rossouw, J., 2017 Economic Society of South Africa Conference, "Trading of White Maize/Witmielies July Domestic Future Prices Utilizing Entropy," Economic Society of South Africa, Rhodes University, Grahamstown, South Africa. (August 30, 2017).

Efremidze, L. (Presenter & Author), Stanley, D. J. (Author Only), Wasilewski, N. (Author Only), Econophysics Conference annual, "Risk Factor Model for Exchange Rate Prediction," University of Warsaw, Poland, Warsaw, Poland. (July 7, 2017).

Stanley, D. J., Kinsman, M. D., Simon, A., 2017 Western Economic Association International Conference, "Do Analysts' Short-Term Earnings Estimate Trends Indicate Market Inefficiencies?," Western Economic Association International, San Diego, CA. June 25-29, 2017. (June 29, 2017).

Stanley, D. J., Efremidze, L., Wasilewski, N., Kinsman, M. D., 2017 Western Economic Association International Conference, "Entropy Risk Factor Strategy for Tactical Asset Allocation," Western Economic Association International, San Diego, CA. June 25-29, 2017. (June 29, 2017).

Atwater, D. M., Stanley, D. J. (Presenter & Author), 92nd Annual Conference of the Western Economic Association International, "The Hysteresis Money Supply Paradox," Western Economic Assocation International, San Diego CA. (June 27, 2017).

Stanley, D. J., Efremidze, L., Wasilewski, N., 2017 WEAI International Conference, "Trading of the Chilean Peso Utilizing Entropy," Western Economic Association International, Santiago, Chile. (January 6, 2017).

Efremidze, L. (Presenter & Author), Stanley, D. J. (Author Only), International Conference on Economics, Accounting and Finance, "Entropy Risk Factor Model of Exchange Rate Prediction," Copenhagen, Denmark. (June 27, 2016).

Stanley, D. J., Efremidze, L., 2015 Biannual Conference, "Trading of the South Africa Rand Utilizing Entropy Analytics," Economic Society of South Africa, Cape Town, South Africa. (September 4, 2015).

Stanley, D. J., 2015 School of Economics and Business Sciences Presentation, "Reflections on a Random Walk Down Wall Street," University of Witswatersrand, Johannesburg, South Africa. (August 31, 2015).

Stanley, D. J., Efremidze, L., 2015 WFA Conference, "Market Timing Utilizing Entropy," Western Economic Association, Honolulu, Hawaii. (June 28, 2015).

Stanley, D. J., Efremidze, L., 2015 6th Annual China EBM Conference, "The Effectiveness of Entropy to predicting movements in the Chinese Stock Market," Engineering and Business Management Institute, Suzhou, China. (March 17, 2015).

Stanley, D. J., Efremidze, L., Kinsman, M. D., Georgian Economic Development, "Frontier Market Timing: The Georgian Stock Exchange Index and Entropy Analytics," P. Gugushvili Institute of Economics of Tbilisi State University, Tbilisi, Republic of Georgia. (June 27, 2014).

Stanley, D. J. (Presenter & Author), Efremidze, L. (Author Only), Kinsman, M. D. (Author Only), R. J. (Presenter & Author), ESSA 2013 Conference, "Market Timing of the FTSE/JSE Top 40 Index Utilizing Entropy," Economic Society of South Africa, Bloemfontein, South Africa. (December 2013).

Stanley, D. J. (Presenter & Author), Efremidze, L. (Presenter & Author), Kinsman, M. D. (Author Only), ICTBM 2013 Conference, "Market Timing of the Dubai Financial Market General Index Utilizing Entropy," ICTBN, Dubai, UAE. (December 2013).

Efremidze, L. (Presenter & Author), di Lellio, J. A. (Author Only), Stanley, D. J. (Author Only), Academic Forum, "ETF Style Rotation Using Entropy of VIX Index," Graziadio School of Business and Administration, West Los Angeles. (March 12, 2013).

Stanley, D. J., Samuelson, B., IAES 2012 North American Conference, "The Irrelevance of Expensing Stock Based Compensation for the Valuation of Firms," International Atlantic Economic Society, Montreal, Canada. (October 4, 2012).

Efremidze, L. (Presenter & Author), di Lellio, J. A. (Author Only), Stanley, D. J. (Author Only), Academy of Financial Services Annual Meeting, "Market Timing for ETF Style Rotation through the use of Entropy Analytics and the VIX Index," San Antonio, Texas. (October 1, 2012).

Stanley, D. J., Kinsman, M. D., AFS 2012 Annual Meeting, "The Asymmetric of Price Momentum Reversal and Alpha on Long-Term Returns of S&P 500 Stocks," Academy of Financial Services, San Antonio, Texas, (October 1, 2012).

Stanley, D. J., Kinsman, M. D., IISES Summer 2012 Conference, "The Efficient Market Hypothesis: The Applicability of Quantitative Methods to foreign stocks traded as American Depository Receipts (ADRs)," International Institute of Social and Economic Sciences, Dubrovnik, Croatia. (June 21, 2012).

Stanley, D. J. (Presenter & Author), di Lellio, J. A. (Presenter & Author), Hesse, R., GSBM Academic Forum, "Risks and Opportunities of Inverse ETFs for Long Term Investors," Pepperdine, West LA. (March 8, 2012).

Stanley, D. J. (Presenter & Author), di Lellio, J. A. (Presenter & Author), Hesse, R., 2011 AFS Annual Conference, "Risks and Opportunities of Inverse ETFs for Long Term Investors," Academy of Financial Services, Las Vegas, NV. (October 23, 2011).

Stanley, D. J. (Presenter & Author), Kinsman, M. D. (Author Only), 2011 Las Vegas Conference, "The Asymmetric Information of Financial Factors on Long-Term Returns Through Construction of an index of 100 stocks from within the S&," Academy of Financial Services, Las Vegas, Nevada. (October 23, 2011).

Atwater, D. M., Stanley, D. J., Accomazzo, D., GBR Panel, "Stop the Madness - Will the Global Economy Recover?," Graziadio Business School, Malibu CA. (October 21, 2011).

Stanley, D. J. (Presenter & Author), Vardiabasis, D. (Author Only), Moschos, D. (Author Only), 2011 Athens Conference, "The Efficient Market Hypothesis: The Applicability of American Models to the Greek Stock Market," International Atlantic Economic Society, Athens, Greece. (March 19, 2011).

Hall, O. P. (Author Only), Stanley, D. J. (Presenter Only), DSI Annual Meeting, "Analyzing the Asymmetric Information Associated with Value Line's Timely Stocks," DSI, San Diego. (November 20, 2010).

Stanley, D. J., Kinsman, M. D., Samuelson, B., 2010 Eurasia Business and Economics Conference, "The Efficient Market Hypothesis: The Application of American Models to the Turkish Stock Market," Eurasia Business and Economics Society, Istanbul, Turkey, May, 2010. (May 27, 2010).

Stanley, D. J., GSBM Academic Forum, "Through a financial looking glass of Imperial Rome appears America," GSBM, West Los Angeles, CA. (February 2010).

Stanley, D. J. (Presenter & Author), di Lellio, J. A. (Presenter & Author), GSBM Academic Forum, "The Financial Planner, Exchange Traded Funds, and ETF Trading Strategies to Enhance Client Wealth Maximization," GSBM, Los Angeles, California. (November 10, 2009).

Stanley, D. J. (Presenter & Author), di Lellio, J. A. (Presenter & Author), 2009 AFS Annual Conference, "The Financial Planner, Exchange Traded Funds, and ETF Trading Strategies to Enhance Client Wealth," Academy of Financial Services, Anaheim, California. (October 9, 2009).

Stanley, D. J. (Presenter & Author), 2009 ESSA Bi-Annual Conference, "The Efficient Market Hypothesis: The Applicability of American Models to the South African Stock Market," Economic Society of South Africa, Port Elizabeth, South Africa. (September 8, 2009).

Stanley, D. J. (Presenter & Author), Hall, O. P. (Author Only), 2009 Salford Annual Conference, "Data Mining of the S&P 1500 Firm Performance Utilizing ROE and Tobin's Q," Salford Systems, San Diego, California. (August 24, 2009).

Stanley, D. J. (Presenter & Author), 2009 WEAI Annual Conference, "The Asymmetric Information of Earnings Predictability and Price Multiples on Long-Term American Stock Returns," Western Economic Association International, Vancouver, B.C., Canada. (June 30, 2009).

Stanley, D. J. (Presenter & Author), 2009 IAES Annual Conference, "Through a Financial Looking-Glass of Imperial Rome Appears the United States of America!," International Atlantic Economic Society, Rome, Italy. (March 11, 2009).

Stanley, D. J. (Presenter & Author), Kinsman, M. D. (Author Only), 2008 BEI Annual Conference, "The Asymmetric Information of Value Line's Earnings Predictability, Price Growth Persistency, and Price Multiples on Long-Term Stock Returns," Business Economic Institute, Las Vegas, Nevada. (December 16, 2008).

Kinsman, M. D. (Presenter & Author), Stanley, D. J. (Presenter & Author), GSBM Faculty Research Seminar, "The Efficient Market and Your Retirement: Lessons from the German Stock Market," Pepperdine University, Los Angeles, Ca. (November 11, 2008).

Stanley, D. J. (Presenter & Author), Samuelson, B. (Author Only), 2008 EABR Austrian Conference, "The Efficient Market Hypothesis, Price Multiples, and the Austrian Stock Market," European Applied Business Research, Salzburg, Austria. (June 26, 2008).

Stanley, D. J. (Presenter & Author), Kinsman, M. D. (Author Only), 2008 EABR German Conference, "The Efficient Market Hypothesis, Price Multiples, and the German Stock Market," European Applied Business Research, Rothenburg Ob Der Tauber, Germany. (June 18, 2008).

Stanley, D. J. (Presenter & Author), 2008 IAES Annual Conference, "Capitalism in Poland: Markets on the March: Market Behavior of Listed Polish Companies 1997-2007," International Atlantic Economic Society, Warsaw, Poland. (April 11, 2008).

Crain, D. W. (Presenter & Author), Stanley, D. J. (Presenter & Author), International Conference of the Association for Strategic Planning, "Discovering Your Customer's Strategic Needs," Association for Strategic Planning, Los Angeles, CA. (February 25, 2008).

Stanley, D. J., 2007 IAES Annual Conference, "A Superior Portfolio Model for Quality Growth Stocks within the S&P 1500 Index," International Atlantic Economic Society, Madrid, Spain. (March 18, 2007).

Stanley, D. J. (Presenter & Author), Academy of Financial Services, "A Superior Market-Neutral Portfolio Utilizing Optionable Stocks," Academy of Financial Services, Salt Lake City, Utah. (October 17, 2006).

Stanley, D. J., International Atlantic Economic Society, "A Superior Market-Neutral Securities Portfolio System Utilizing Stocks within the Value Line 1700 Index.," International Atlantic Economic Society, Berlin, Germany. (March 19, 2006).

Stanley, D. J., Bidwell, C., Academy of Financial Services, "A Superior Alpha-Builder Securities Portfolio System utilizing the 2000 largest capitalized stocks and the ARTE Model," Chicago, Illinois. (October 12, 2005).

Stanley, D. J., Bidwell, C., Western Decision Sciences, "A Market Neutral Securities Portfolio utilizing the S&P 1500, optionable stocks, and the ARTE Model," Vancouver, B.C., Canada. (March 24, 2005).

Stanley, D. J., Bidwell, Academy of Financial Services, "A Market-Neutral Securities Portfolio Utilizing the S&P 1500, Price Momentum, and the ARTE Model.," New Orleans, Louisiana. (October 6, 2004).

Stanley, D. J., Bidwell, Hawaii International Conference on Business, "A Market-Neutral Securities Portfolio Utilizing the S&P 500 and the ARTE Model.," Honolulu, Hawaii. (June 23, 2004).

Stanley, D. J., Bidwell, International Atlantic Economic Society, "A Market-Neutral Securities Portfolio Utilizing Stocks within the S&P 1500," Lisbon, Portugal. (March 11, 2004).

Stanley, D. J., Samuelson, B.A., International Atlantic Economic Society, "Tread Separation in Accountancy: Earnings Splits from Cash Flow," Quebec City, Canada. (October 19, 2003).

Stanley, D. J., Bidwell, C.M., International Atlantic Economic Society, "Behavioral Impact and Reaction of SEC Fair Disclosure Reporting Companies," Vienna, Austria. (March 14, 2003).

Provost Research Grant 2017, Provost, Pepperdine University. (2017).

Stanley, D. J., Efremidze, L., "GSBM Funds for Excellence," Pepperdine University, $2,500.00. (January 1, 2017 - December 31, 2017).

Stanley, D. J., Efremidze, L., "Entropy Analytics," Sponsored by GSBM, $2,500.00. (January 2016 - December 2016).

Stanley, D. J., Efremidze, L., "Funds for Excellence," Sponsored by GSBM, Pepperdine University, $2,500.00. (January 2015 - December 2015).
2015 GSBM Funds for Excellence, GSBM. (January 2015).

Stanley, D. J., Sponsored by GSBM, $4,500.00. (September 2008 - September 2009).

Stanley, D. J. (Principal), Sponsored by GSBM Faculty Council, Pepperdine University, (September 2007 - September 2008).

Stanley, D. J., "Research on Efficient Markets," Sponsored by GSBM Rothschild Research Fund, Pepperdine University, $6,000.00. (January 1, 2007 - August 31, 2007).

Fund for Excellence, 2007, GSBM. (2007).

Rothschild Research Grant, 2006-2007, GSBM. (2007).

Faculty Council Release Time, GSBM. (September 2007).

Provost Research Grant, 2006, Provost, Pepperdine University. (2006).

Stanley, D. J., "Research on Efficient Markets," Sponsored by Provost Office, Pepperdine University, $1,500.00. (June 2006 - October 2006).

UPDATE: Top 10 U.S. Economic Issues to Monitor

A Consequence Analysis that Needs to be Shared

Editorial: Crisis in America: A Nation at Risk

Editorial: The Top 10 Embracements for Difficult Economic Times

The Top 10 U.S. Economic Issues to Monitor

The Moral and Financial Conflict of Socially Responsible Investing

Achieving Corporate Success and Maximized Value